圆通国际快递中期报告 2023

CONTENTS 2Corporate Information5Management Discussion and Analysis20Corporate Governance and Other Information29Report on Review of Interim Financial Report31Consolidated Statement of Profit or Loss 32Consolidated Statement of Profit or Lossand Other Comprehensive Income33Consolidated Statement of Financial Position35Consolidated Statement of Changes in Equity37Condensed Consolidated Cash Flow Statement38Notes to the Unaudited Interim Financial Report CORPORATE INFORMATION EXECUTIVE DIRECTORS Mr. Yang XinweiMr. Huang Yifeng(Resigned on 21 August 2023) Mr. Sun Jian(Chief Executive Officer) NON-EXECUTIVE DIRECTORS Mr. Yu Huijiao(Chairman)Mr. Pan ShuimiaoMs. Wang Lixiu(Appointed on 31 March 2023) Mr. Chen Dong(Resigned on 8 February 2023) INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Li DonghuiMr. Xu JunminMr. Chung Kwok Mo John COMPANY SECRETARY HKICPAFCCA Ms. Wong Pui Wah,HKICPA (non-practising), FCCA AUTHORISED REPRESENTATIVES(for the purpose of the Listing Rules) Mr. Huang Yifeng(Resigned on 21 August 2023) Mr. Sun Jian(Appointed on 21 August 2023) Ms. Wong Pui Wah AUTHORISED REPRESENTATIVE(for the purpose of the Companies Ordinance) Ms. Wong Pui Wah AUDIT COMMITTEE Mr. Chung Kwok Mo John(Chairman)Mr. Chen Dong(Resigned on 8 February 2023)Mr. Li DonghuiMr. Pan Shuimiao(Appointed on 8 February 2023 andresigned on 31 March 2023)Ms. Wang Lixiu(Appointed on 31 March 2023) REMUNERATION COMMITTEE Mr. Xu Junmin(Chairman)Mr. Yu HuijiaoMr. Chung Kwok Mo John NOMINATION COMMITTEE Mr. Yu Huijiao(Chairman)Mr. Li DonghuiMr. Xu Junmin CORPORATE GOVERNANCE COMMITTEE Mr. Pan Shuimiao(Chairman)(Appointed on 21 August 2023)Mr. Huang Yifeng(Chairman)(Resigned on 21 August 2023)Mr. Li DonghuiMr. Xu JunminMr. Chung Kwok Mo John REGISTERED OFFICE Third Floor, Century YardCricket SquareP.O. Box 902Grand Cayman, KY1-1103Cayman Islands Third Floor, Century YardCricket SquareP.O. Box 902Grand Cayman, KY1-1103Cayman Islands HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 39222208 Suite 2208, 22nd FloorOffice Tower, Skyline Tower39 Wang Kwong RoadKowloon BayHong Kong COMPANY’S LEGAL ADVISER AS TOHONG KONG LAW Chiu & Partners CORPORATE INFORMATION PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE IN CAYMAN ISLANDS Tricor Services (Cayman Islands) LimitedThird Floor, Century YardCricket SquareP.O. Box 902Grand Cayman KY1-1103Cayman Islands Tricor Services (Cayman Islands) LimitedThird Floor, Century YardCricket SquareP.O. Box 902Grand Cayman KY1-1103Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKER 1 The Hongkong and Shanghai Banking Corporation LimitedHSBC Main Building1 Queen’s Road CentralHong Kong AUDITOR KPMG(Public Interest Entity Auditor registered in accordance withthe Accounting and Financial Reporting Council Ordinance) COMPANY’S WEBSITE www.ytoglobal.com www.ytoglobal.com STOCK CODE 6123 6123 MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW The board (the “Board”) of directors (the “Directors”) of YTOInternational Express and Supply Chain Technology Limited () (the “Company”) announcesthe unaudited consolidated interim results of the Company andits subsidiaries (the “Group”) for the six months ended 30 June2023 (the “Reporting Period”). The relevant financial figures forthe six months ended 30 June 2022 (the “1H2022”) or otherdates/periods are also set out in this report for comparativepurposes. Inthe first half of 2023,the outlook for global economicrecoveryremained uncertain.The latest World EconomicSituation and Prospects released by the United Nations in themid-yearpointed out the obstinate inflation,rising interestratesand increasing uncertainties hindered the sustainabledevelopmentof the world economy.The New DynamicsofGlobal Trade()pointed out thereremained challenges for global trade resumption in the secondhalf of the year. In 2023, subject to factors such as macro environment andthe reduction of upstream demand, the Group’s performancewasgreatly hit in the first half of the year.The inflationandhigh interest rates of major world economies seriouslyaffected the vitality of the consumption market and led to adecreasein business demand from the Group’s cooperationagentsand core customers,which in turn encumbered theCompany’s performance as a whole. However, the Group alsoconsidered that with the slowdown of the global inflation, therate hike cycle may also be drawing to a close. Besides, theChinese government is vigorously promoting import and exportdevelopment and stimulating individual consumption, and theGroup is therefore of the view that the economic developmentwill tend to pick up in the second half of 2023. MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS REVIEW(CONTINUED) Grim challenges remain for the world economy afterthe COVID-19 pandemicThe sluggish growth of the world economy in the first half 1.1%0.9%5.3% of 2023 was main